Warren Buffett bid Fresh Metaphor for Bitcoin as a ‘Seashell’

Warren Buffett bid Fresh Metaphor for Bitcoin as a ‘Seashell’

Berkshire Hathaway CEO Warren Buffett has again derided Bitcoin for its purported lack of real use value, likening the coin to a seashell that “just sits there.” Buffett used this latest cryptocurrency metaphor during a press meeting ahead of the Berkshire Hathaway annual shareholders’ meeting in Omaha, Nebraska. While reserving his ritual opprobrium toward bitcoin, Buffett who has earned the moniker of the “Oracle of Omaha” for his ostensibly astute investment picks did offer more positive remarks for blockchain technology.

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